Explore the latest Compensation news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
Accenture Revamps New model, aims to reward more employees while maintaining payroll flexibility ami...
Tech Mahindra will begin implementing employee salary hikes from the second quarter Q of FY in ...
While Wipro has adopted a highly cautious approach to broad-based hiring amid muted demand, its fina...
A new Indeed report has unveiled a widening gap between what employers say they pay for AI talent and what existing employees actually receive. While companies are offering significant salary premiums to attract AI-skilled professionals, many employees who have already upskilled report little or no improvement in their compensation. The findings come from Indeed’s inaugural […]
Employees at Tata Consultancy Services (TCS) are still waiting for clarity on the company’s FY27 promotion cycle after the IT major informed staff that no decision has yet been made on the promotion timeline. The update was shared during a recent company town hall, where management said discussions on promotions are ongoing but did not […]
HCLTech has granted 43.27 lakh Restricted Stock Units (RSUs) to more than 2,100 employees as part of its long-term employee reward programme to retain talent and reward employees by giving them a stake in the company’s future growth. The grant was approved by the company’s Nomination and Remuneration Committee under the HCLTech RSU Plan 2021 […]
Tata Consultancy Services (TCS) has revised the salary structure of its India-based employees to align with the requirements of the country’s new labour code, marking a significant shift in how employee compensation is structured. While the overall Cost to Company (CTC) remains unchanged, the restructured salary components are expected to influence employees’ monthly take-home pay […]
The Central Government has extended two additional investment choices under the National Pension System (NPS) to eligible employees of Central Autonomous Bodies (CABs). The decision gives employees more flexibility to choose an investment option that matches their financial goals and risk appetite. The Department of Expenditure, Ministry of Finance, issued an Office Memorandum announcing that […]
The salary gap between top executives and employees has widened at several of India’s leading IT companies. The latest annual reports from major IT firms show that while CEOs received significant compensation increases during FY2025-26, most employees received salary hikes in the single-digit range. The trend comes at a time when the IT industry is […]
Over the past 12 years, the Department of Pension & Pensioners’ Welfare (DoPPW), Ministry of Personnel, Public Grievances and Pensions, Government of India, has strengthened the delivery of Pension Reforms through continuous digital transformation. At the centre of this transformation is ‘Bhavishya’, a centralized end-to-end pension processing system designed to improve transparency, reduce delays, and […]
Global professional services company Accenture has introduced a revised compensation approach for its June salary review cycle, impacting its workforce of more than 780,000 employees worldwide. Under the new framework, employees receiving stay-at-level salary increases will get only half of their approved hike added to their base salary, while the remaining half will be paid […]
Last week, Big Four firm KPMG- UK withdrew the “Summer Friday early finish” benefit, triggering employee backlash. It is also affecting employee morale, workplace culture, and employer branding at a time when professional services firms are already navigating cost pressures and organisational restructuring. Withdrawal of Popular Summer Perk The policy, introduced in 2021, allowed staff […]
After more than two years of limited salary revisions, Accenture has announced a new compensation approach for employees in India, ending a wage freeze that had become a concern for many professionals. The company has introduced a “50-50 formula,” under which half of the salary increase will be added to an employee’s base pay, while […]
A viral social media post by IIT Bombay graduate and software professional Soham Nayak has reignited discussions around compensation fairness, hiring ethics, and the growing use of internship-based employment models for experienced talent. Viral Post Brings Recruitment Practices Under Scrutiny Soham recently shared a discussion with a recruiter who approached him with what initially appeared […]
Nearly three weeks after Tata Consultancy Services (TCS) introduced changes to its compensation structure, employees are continuing to evaluate the impact of the revised variable pay framework on their monthly earnings and long-term payouts. The changes, rolled out alongside the company’s annual appraisal cycle, altered the way performance-linked compensation is distributed and strengthened the connection […]
